Qatar to Build Kidney Hospital

Aug 24 , 2019


[ssba-buttons]

The Qatar Fund for Development (QFFD) has pledged to build a kidney treatment hospital in Ethiopia. QFFD will build the hospital based on the agreement that was previously reached between the leaders of the two nations. An Ethiopian delegation led by Ambassador Tebeje Berhe, director of Middle East Affairs at the Ministry of Foreign Affairs, held talks with heads of the Fund on ways of commencing with the construction of the health facility. The project will be undertaken in two phases, and 18 million dollars has been allocated for the first phase, which includes the construction of a building and the training of professionals. There are nine doctors for every 100,000 people in Ethiopia. For 400 hospitals in the country, there are only 9,182 doctors, 16,765 nurses and 1,379 midwives.


Radar

Korenti, Agelegel Microfinance Ink EV Financing Deal

Korenti Auto Trading PLC has signed a strategic agreement with Agelegel Microfinance to provide accessible financing options for electric vehicle (EV) buyers. The partnership seeks to ease EV ownership by offering fair pricing and loan packages with affordable rates. The initiative supports Ethiopia's push for clean transport and aligns with national sustainability goals. Korenti's managing director said the move reflects the company's commitment to expanding electric mobility. Customers can now...


Radar

NBE Leads Week-Long Bank Supervision Application Forum

The National Bank of Ethiopia (NBE) is hosting a week-long Bank Supervision Application (BSA) User Group meeting that began on July 7, 2025. The BSA system, developed by a pan-African consortium of central banks including the NBE, automates supervisory work for financial regulators. NBE will take over the rotating BSA chairmanship in September. Opening the session, Frezer Ayalew, Director of Bank Supervision, stressed the need for modern tools to handle growing regulatory demands amid cyberse...


Radar

Six Fuel Companies Banned, Seven Warned, Authority Noted Illicit Activity

The Ethiopian Petroleum & Energy Authority has taken disciplinary action against 13 fuel distribution companies for illegally trading 2.8 million litres of fuel outside the digital system in the past two months. Six firms face a one-month suspension from the fuel import and trading market, while seven others received final warnings and must rectify their operations within a month. Director General Destawe Mekwanant (PhD) said the companies failed to monitor fuel stations and ensure proper...